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TallestSkil on scored.co
1 year ago7 points(+0/-0/+7Score on mirror)1 child
They’re really the *only* generation that got it. Before them, it wasn’t universal (pretty sure; I know the Silents didn’t all get it, but maybe GG was also universal). After them, it runs out before the entire generation dies.
1 year ago5 points(+0/-0/+5Score on mirror)1 child
Social Security goes bust in 2033, which is only 8 years from now. The youngest boomers (61 years old) are still a few years from their earliest opportunity to collect, and they can't wait for the maximum as it's already past the threshold. I'm really curious to see how this all shakes out when we finally hit that limit. Payments are on track to be cut to 75%.
Why not? They control the currency, they control the government, they control the military, they control the food supply, and they control manufacturing. They can literally do whatever the fuck they want until either White people are extinct or we decide to stop working for them.
All those things require actual labor and materials. The money is just a means of transaction. Inflation represents a consumption of the real productive capacity of all those systems. Eventually they break down.